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Thursday, December 05, 2024 5:22:53 PM
A suggestion: Maybe the CEO of Blackstar should change up his promotional strategies. Instead of just talking about the platform and tools that are becoming ever more mysterious as the company drowns under the dark dilution waters, he should pay a production company to demo the platform and the public and private tools in a mock demo environment. Or, he can just have a screen recording of himself doing it --- to show that the platform is at least functional and not just a paper patent. Save the shareholders some money. That would probably do more to help raise capital then jumping on obscure, outdated podcasts and NTS interviews that nobody even watches to begin with, paid for by the public shareholders of the company.
The current dilution does not matter to this CEO though, as he only owns what appears to be 0.52% of the common outstanding shares? (much less probably since the dilution to pay for a lawsuit where he failed to honor a $33k note in time?). To add to that, he seems to have been issued some nicely priced shares at .0004? All the while the company has yet to come to market with any private or public tools that were promoted in the NTS interviews (coming up on a year). Maybe someone can confirm this, as I am tired of sifting through the filings amongst the NT10Q's. Who really knows, right.
He owns the class A shares, so all of this is water under the bridge for him if someone takes a big interest. If not, no skin off his back as he was paid handsomely it seems through consulting fees and issued shares. He took no hit, just losing a lot of time. Shareholders took the hit for him.
Where is the 10Q. This is now ridiculous, in light of all the volume and questions about 8k being filed after shares by CC already having been sold.
Looks like the engineers who designed the platform have some great qualifications. It is becoming apparent that this is just being mismanaged into the ground by a career finance guy. That generation had quite the fun run, but now the past is the past and they have to operate in a new world where darts at walls to make money is all but a figment of past imagination.
The benefit of the doubt is no longer applicable, imo. Any good will has been spent, in spades.
The current dilution does not matter to this CEO though, as he only owns what appears to be 0.52% of the common outstanding shares? (much less probably since the dilution to pay for a lawsuit where he failed to honor a $33k note in time?). To add to that, he seems to have been issued some nicely priced shares at .0004? All the while the company has yet to come to market with any private or public tools that were promoted in the NTS interviews (coming up on a year). Maybe someone can confirm this, as I am tired of sifting through the filings amongst the NT10Q's. Who really knows, right.
He owns the class A shares, so all of this is water under the bridge for him if someone takes a big interest. If not, no skin off his back as he was paid handsomely it seems through consulting fees and issued shares. He took no hit, just losing a lot of time. Shareholders took the hit for him.
Where is the 10Q. This is now ridiculous, in light of all the volume and questions about 8k being filed after shares by CC already having been sold.
Looks like the engineers who designed the platform have some great qualifications. It is becoming apparent that this is just being mismanaged into the ground by a career finance guy. That generation had quite the fun run, but now the past is the past and they have to operate in a new world where darts at walls to make money is all but a figment of past imagination.
The benefit of the doubt is no longer applicable, imo. Any good will has been spent, in spades.
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